Home Renovation Loans

Fix up your fixer-upper with no fees.

See your vision come to life with a personalised, no-fees loan.

From 5.95 % pa Interest rate
From 5.95 % pa Comparison rate*

Your home, your way, today

Got a bathroom project? Kitchen extension? Turn your house into your dream home with a NOW Finance home renovation loan.

Borrow up to $50,000 (unsecured) or up to $100,000 (secured).


Our loans are fair and personal

If you’re eligible and approved, you’ll have that money in your hands in as little as 24 hours.

You can choose a fixed term from 18 months to 7 years. But if you’d prefer something flexible, you can do that too.

PurposeHome Renovation Loans
Interest RateFrom 5.95% p.a. (Unsecured)
From 4.45% p.a. (Secured)
Comparison RateFrom 5.95% p.a.* (Unsecured)
From 4.45% p.a.* (Secured)
Loan Amount$5,000 – $50,000 (Unsecured)
$15,000 – $100,000 (Secured)
Loan Term18 months – 7 years
Loan Fees$0 – No Fees
Upfront Fees$0
Early Exit Fees$0
Missed Payment Fees$0
Ongoing Fees$0

1. Get your rate

It takes 2 minutes to get your personalised rate without impacting your credit score.

2. Apply online

Complete your online application and get a response in 2 minutes.

3. Money in your account

Access your funds within 24-48 hours of being approved.


The people’s choice

With more than 1,900 5-star reviews, you won’t be the only one loving your loan.

Really quick turn around, better interest rate than my previous bank, a very uncomplicated process with a team that looked after me every step of the way.


Darren loves NOW Finance

Personalised rates and personal service. Darren shares his experience with NOW Finance.

Get your personalised rate today


Home Renovation Loans, explained

Put simply, home renovation loans are personal loans that allow you to construct, remodel, or rebuild virtually any aspect of your home. NOW Finance provides loan amounts ranging from $5,000 to $100,000, opening the door to renovate your home from the inside out.

Personal loans from NOW Finance, including those for construction and renovation work, are used in four stages.

  • First, you will apply and be approved for the loan in question.
  • Cash is deposited into a nominated bank account of your choice within 24 to 48 hours of being approved, allowing you to move forward with renovations right away.
  • Contractors and other home renovators will accept your cash and begin working on your home right away.
  • You must repay the renovation loan within the specified amount of time on your individual loan agreement.

You can get a quote for a home renovation loan with NOW Finance without impacting your credit.

Going forward with a loan application is likely to negatively impact your credit, including home renovation loans. Keep in mind that the impact is temporary, and will be quickly negated with regular payments, consistent bill paying, and a healthy debt to income ratio. If you are concerned about your credit as it relates to loan applications, please visit our FAQs.

Because home renovation loans are a highly flexible form of financing, they can be used to make several notable improvements to your property. NOW Finance applicants have used their loans to create a brand-new environment for themselves, working on updates such as:

  • Bathroom remodelling
  • New floors or paint
  • Home additions
  • Kitchen expansions
  • Patio / porch construction

Term lengths of 18 months (1.5 years) to 84 months (7 years) are available for borrowers interested in a construction loan for home renovation.

Keep in mind that the term you choose will significantly impact your repayment costs. Use the NOW Finance personal loan repayment calculator to compare your desired term length with projected repayment amounts.

There are three primary ways to reduce your interest rates and repayment costs on a home renovation loan. These include:

  • Keeping your credit score as high as possible. The higher your score may be, the better your interest rate will become.
  • Increasing your term length. Longer terms reduce the cost of individual payments, among other things.
  • Securing your personal loan with collateral. Secured loans with NOW Finance receive a discounted interest rate and can allow you to borrow more.

What should I know about a NOW Finance home renovation loan?

Revamping your home is no easy task. It takes months of preparation, weeks of planning, and hours of hard work to get your home looking the way you want. And if you don’t have thousands of dollars to pay for renovations upfront, you may be living in a half-completed home for years on end.

Adding, subtracting, or renovating your home doesn’t need to be difficult, and at NOW Finance, we believe in doing things the simple way.

With over a decade of experience providing affordable financing solutions to homeowners across Australia, our team offers competitive construction loans for home renovations right when you need them.

Give yourself the gift of a bigger bathroom, the joy of a large kitchen, or the functional remodelling of your master suite by checking your personal loan eligibility online. Your next home improvement loan could be just a click away!

A home renovation loan you can trust

NOW Finance has some of the highest trust scores on TrustPilot, with more than 32,000 happy customers across Australia. Unlike many other lending institutions, we focus on providing personalised, meaningful touches in every loan we write.

We’re not your bank; we’re your financial partners!

Offering the best rates for a construction loan for home renovation

Every home renovation loan from NOW Finance comes with a guaranteed personalised rate, one that is 100% customised to your unique circumstances. Cookie-cutter, mass-produced contracts rarely meet everyone’s needs, which is why our home loan and renovation loan options are always best in show.

None of the fees, all of the features

If you’re in the market for fee-free home renovation loans, you’ve come to the right place. NOW Finance’s personal loans are completely free of sneaky costs and last-minute fees, meaning that we always offer one of the most competitive rates available.

Each of our comparison rates is exactly the same as our interest rates, allowing you to compare prices at a glance.

Repayment plans that work with your budget

Because everyone’s budget looks a little bit different, NOW Finance provides a simple, easy to understand loan and repayment plan that is mapped to individual circumstances.

Getting a construction loan for home renovation with bad credit

Your credit is just one small aspect of the overall lending process. If you’re concerned about how your past could affect your eligibility for future home renovation loans, NOW Finance is available to help.

Need someone to chat to? Simply contact NOW Finance and speak to one of our trained personal loan advisors.

Get your home loan and renovation loan with NOW Finance

Your home’s newest look is right around the corner. Are you ready to get started? Simply jump over to our personal loan application page, and the team at NOW Finance can start working on your application right away. It only takes 10 minutes (or less) to apply.

Ready to make your next move?

Get your personalised rate in 2 minutes